Credit unions · Prince Edward Island
Prince Edward Island credit union deposit insurance
Deposits at provincially regulated Prince Edward Island credit unions are protected by the PEI Credit Union Deposit Insurance Corporation: up to $250,000 per member per credit union (principal and interest); joint $250,000; trust up to $250,000 per beneficiary for non-registered deposits.
Checked October 30, 2026| Prince Edward Island | |
|---|---|
| Insurer | PEI Credit Union Deposit Insurance Corporation |
| Non-registered deposits | Up to $250,000 per member per credit union (principal and interest); joint $250,000; trust up to $250,000 per beneficiary |
| Registered deposits | Unlimited — RRSPs, RRIFs, RESPs, RDSPs, TFSAs and FHSAs held in savings or eligible term deposits |
| Complaints | PEI credit unions offer OBSI to their members. |
Good to know
- Insured deposits must be repayable no later than five years after the deposit date.
- Some older third-party pages still quote $125,000; the corporation’s own FAQ states $250,000.
How PE compares with CDIC
Prince Edward Island’s limit ($250,000 for non-registered deposits) differs from CDIC’s $100,000 per category at each member. Check how joint, trust and registered deposits are treated in the table above.
Check whether your credit union is provincial or federal before relying on these limits — the directory shows each one.
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